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i think you heard john boehner say that already. we've had votes in the senate where we've actually gotten rid of tax credits. i think that's a given. and i think the vast majority of americans agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem? and the real problem is uncontrolled entitlement spending and a government that has grown massively. not just under this administration, under republican administration. >> let me turn to senator schumer on this point. >> so you have to approach both sides of it. >> let me turn to senator schumer. i'm going to ask you the same question. if the mandate is compromised, what do democrats have to be prepared to accept as a painful outcome in order to achieve compromise? >> well, i agree with you, the mandate is compromise. that's why we have a divided house and senate. and i think if the house stands for anything it's cut government spending, as tom coburn said, and i think we're going to have to do more of it. we hear
i think you heard john boehner say that already. we've had votes in the senate where we've actually gotten rid of tax credits. i think that's a given. and i think the vast majority of americans agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem? and the real problem is uncontrolled entitlement spending and a government that has grown massively. not just under this administration, under republican administration....
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boehner and the president were close to a deal last year. the so-called grand bargain, 4 trillion in debt reduction. many think that blueprint still works. >> and the real problem is, uncriminaled entitlement spending and a government that has grown massively. not just under this administration. >> reporter: experts warn of serious damage to the economy, if the standoff drags on. >> three or four weeks from now, they're making no progress at all, you're going to see the anxiety and the nervousness growing in the markets and the corporate board rooms. >>> two weeks after the destruction from hurricane sandy, victims are still trying to put their lives back together. more than 100,000 homes and businesses in new york and new jersey are without electricity, as they struggle to rebuild. a 77-year-old man has died of injuries from a fall, as sandy hit new york, bringing the city's death toll to 43. >>> homeland security janet napolitano met with disaster victims in new york. >>> and now, for a look at the national weather, we turn to bill karins
boehner and the president were close to a deal last year. the so-called grand bargain, 4 trillion in debt reduction. many think that blueprint still works. >> and the real problem is, uncriminaled entitlement spending and a government that has grown massively. not just under this administration. >> reporter: experts warn of serious damage to the economy, if the standoff drags on. >> three or four weeks from now, they're making no progress at all, you're going to see the...
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how much does boehner speak for his conference, by the way? how much leeway does he have to cut a deal that might anger some conservatives? this weekend there were signs of softening among conservatives on the issue of taxes. here is "the weekly standard questions bill kristol sunday. >> it won't kill the country if we raise tax as little bit on millionaires. i don't understand why republicans don't take obama's offer to freeze taxes for everyone below $250,000, make it a million. the republican party is going to defend a bunch of millionaires, half who voted democratic and hatch live in hollywood. >> although tom price who is running to lead the house republican conference said sunday he is open to closing some tax loopholes, he did buck boehner on the issue of health care. >> question, do most house republicans, do you agree with speaker boehner that repeal of obama care with this election, with his re-election, is debt? >> we're not opposed to the president's health care law because of the election. we're opposed because it's bad policy and
how much does boehner speak for his conference, by the way? how much leeway does he have to cut a deal that might anger some conservatives? this weekend there were signs of softening among conservatives on the issue of taxes. here is "the weekly standard questions bill kristol sunday. >> it won't kill the country if we raise tax as little bit on millionaires. i don't understand why republicans don't take obama's offer to freeze taxes for everyone below $250,000, make it a million....
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you have john boehner suggest that maybe he's going to be the leader. you can already see them sharpening their knives for him. it seems to me and then he'll be replaced by somebody else who will be in the same position, it just seems that anybody who will try to get into some position of being rational and talking straight is going to be undermined by his own party. >> victoria, you do have some moderate republicans increasingly calling out the conservative meet i can't establishment. listen to this for example. >> the conservative followship has been pleased, exploited and lied to. >> we have the media elite in a sense on the right, they're making millions of dollars talking about all the incendiary aspects where we need solutions. >> if i were a donor, my biggest problem would be that i was laid to. the conservative media establishment, they lied to the donors. they lied to the base. they lied to everybody about how romney was ahead. >> now, victoria, can these more moderate voices at least moderate compared to the tea party, can they gain traction a
you have john boehner suggest that maybe he's going to be the leader. you can already see them sharpening their knives for him. it seems to me and then he'll be replaced by somebody else who will be in the same position, it just seems that anybody who will try to get into some position of being rational and talking straight is going to be undermined by his own party. >> victoria, you do have some moderate republicans increasingly calling out the conservative meet i can't establishment....
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there's the faction that would be amenable to the deal and somebody like john boehner is going to be working toward a deal. and then there's the other side, the more tea party republicans who aren't going to want to accept this, who aren't going to be okay with raising taxes on anyone. and so i think we are going to see a little bit of a fight here. that said, they don't want to be the ones that cause the country to go over the cliff. it's going to be an interesting couple of weeks. >> i think fewer people are more representative of the other side. does grover norquist have any clout? >> he has some. can he stop a short-term deal from being done? it's the desire to never cut a dime from the defense or the military budget. i think the question will be -- we will see a deal, will it be another short-term deal that kind of exchanges the stopping of the sequestration cuts of the military spending increases in favor of something like lifting the cap off social security taxes or adding some taxes to the wealthiest families in addition to the ones that are already going to take effect janua
there's the faction that would be amenable to the deal and somebody like john boehner is going to be working toward a deal. and then there's the other side, the more tea party republicans who aren't going to want to accept this, who aren't going to be okay with raising taxes on anyone. and so i think we are going to see a little bit of a fight here. that said, they don't want to be the ones that cause the country to go over the cliff. it's going to be an interesting couple of weeks. >> i...
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when you see boehner calling the caucus and say, hey, let's aavoid the nasty showdowns. that's saying let's not be hostage takers. you see obama learning how to deal with the caucus. let's extend the middle class tax cuts, right now, let's do it. he puts them in a bad position and making it look like, look, middle class, they are not giving you what you need. so learning how to work with them, learning that we have to have some compromise, i see some tea leaves that we may have a better next couple of years. we'll see. >> it will be interesting, if a deal is struck. i don't think it will nearly as good as for republicans as the deal that the president offered them. the grand deal that had been offered before. you know, in some ways i actually think the problem for republicans and for conservatives is that a lot of their ideas and principles have actually won. you know, since ronald reagan we no longer have 70% tax rates on the highest income earners. nobody is arguing for that. we're arguing to go back to 39.6%. on health care reform, the president's health care reform w
when you see boehner calling the caucus and say, hey, let's aavoid the nasty showdowns. that's saying let's not be hostage takers. you see obama learning how to deal with the caucus. let's extend the middle class tax cuts, right now, let's do it. he puts them in a bad position and making it look like, look, middle class, they are not giving you what you need. so learning how to work with them, learning that we have to have some compromise, i see some tea leaves that we may have a better next...
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boehner still doesn't control his caucus. we don't have to ask what the american people wanted. president obama ran on an explicit program of raising taxes on top earners. and boehner is still talking about the romney plan, mess around with loopholes and take away loopholes from top earners. that was romney's plan and romney lost. the president holds the cards here. the world won't come to an end on january 1st if all the rates expire. it's more of a curve. i think we can afford to go off it. >> we'll see. as we quickly approach it. my thanks to the power panel today. i really appreciate your time today. >>> coming up next, a bipartisan plan to fix the nation's debt. the co-chairs are going to join me, ed rendell and former new hampshire senator judd gregg will join me to talk about this. we want to know what you think. should general petraeus have resigned? tweet me your thoughts about this or find me on facebook. oun] today, jason is here to volunteer to help those in need. when a twinge of back pain surprises him. morning starts in high spirits, but there's a growing pain in
boehner still doesn't control his caucus. we don't have to ask what the american people wanted. president obama ran on an explicit program of raising taxes on top earners. and boehner is still talking about the romney plan, mess around with loopholes and take away loopholes from top earners. that was romney's plan and romney lost. the president holds the cards here. the world won't come to an end on january 1st if all the rates expire. it's more of a curve. i think we can afford to go off it....
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and speaker john boehner's getting in on the love. >> 2013 should be the year to begin to solve our debt through tax reform and entitlement reform. this framework can lead to common ground. because if there was a mandate in this election, it was a mandate to work together to do what's in the best interest of our country. >> but any fundamental reform is going to require republicans to break their signed pledge against raising taxes. we'll discuss that next on "now." hungry for the best? it's eb. want to give your family the very best in taste, freshness, and nutrition? it's eb. want to give them more vitamins, omega 3s, and less saturated fat? it's eb. eggland's best eggs. eb's. the only eggs that make better taste and better nutrition... easy. eggland's best eggs. better taste. better nutrition. better eggs. it's eb. >>> let's have a serious debate. don't scream and yell. you know what, it won't kill the country if we raise taxes a little bit on millionaires. it really won't, i don't think. i don't see why republicans don't take obama's offer to freeze taxes for everyone below $250,000,
and speaker john boehner's getting in on the love. >> 2013 should be the year to begin to solve our debt through tax reform and entitlement reform. this framework can lead to common ground. because if there was a mandate in this election, it was a mandate to work together to do what's in the best interest of our country. >> but any fundamental reform is going to require republicans to break their signed pledge against raising taxes. we'll discuss that next on "now." hungry...
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boehner and his supposed mandate right now? >> well, i think that he said that the election would be a mandate, it was, and he lost. and i think that the important point about the crystal comment is that there's now a wedge in the republican party that the president needs to exploit. there's a wedge between the realist wing and the kind of fa fantasy, childish wing. the realist wing understands the president has a mandate. democrats won the presidency and the senate. we won a majority -- we won the popular vote if you add up the house races as well. look, i think it's in both parties' interest to avoid the fiscal cliff. neither of them want it for a whole host of reasons, including it will be damaging to the economy. we learned recently that president obama in august of 2011 was kind of ready to do a nixon goes to china moment on entitlements and i think that's still on the table. have real entitlement reform. on taxes it's as bill clinton said. it's simple math. spending is at 24% of gdp. taxes are at about 15% of gdp right no
boehner and his supposed mandate right now? >> well, i think that he said that the election would be a mandate, it was, and he lost. and i think that the important point about the crystal comment is that there's now a wedge in the republican party that the president needs to exploit. there's a wedge between the realist wing and the kind of fa fantasy, childish wing. the realist wing understands the president has a mandate. democrats won the presidency and the senate. we won a majority --...
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listen to boehner talking. as long as he's talking about not raising tax rates, we're on a path to a deal. if he starts talking about not raising taxes, maybe we're off the track. >> all right. we'll look for keywords. thank you very much. i know we'll talk with you probably every day including the 11th hour when this is finally done. >> happy to do it. >> on lessons learned from last week's election, our first read team asks, is the independent vote overrated? what do you think? they noted that romney won the independent vote 50/45. joining me now is mark murray. you and your team don't just point to mitt romney losing. others have lost banking on the independent voter. >> when we look at a poll or exit poll, are you winning independent voters? that's seen as winning the middle of the electorate, the people who decide a presidential contest. as you alluded to, in two of the last three presidential elections, the candidate who ended up winning the independent vote ended up losing the presidential contest. john
listen to boehner talking. as long as he's talking about not raising tax rates, we're on a path to a deal. if he starts talking about not raising taxes, maybe we're off the track. >> all right. we'll look for keywords. thank you very much. i know we'll talk with you probably every day including the 11th hour when this is finally done. >> happy to do it. >> on lessons learned from last week's election, our first read team asks, is the independent vote overrated? what do you...
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>> speaker john boehner on friday, appeared to give a little ground, suggesting that limits on tax deductions could be part of a deal, something that senior obama adviser, david axelrod, said was a step in the right direction. >> i think the speaker's comments have been encouraging. and obviously, there's money to be gained by closing some of these loopholes and applying them to deficit reduction. so, i think there's a lot of ways to skin this cat, so long as everybody comes with a positive, constructive attitude toward the task. >> axelrod also pointed out that exit polling from the election showed 60% of the american agreed with raising taxes on the highest earners. >>> there's a renewed focus on immigration policy, following a presidential election that saw a growing divide between republicans and the hispanic community. now, two senators on opposite sides of the aisle says they're confident they can push through reform. chuck schumer and lindsey graham are revisiting a plan they proposed together back in 2010. >> i think we have a darn good chance, using this blueprint, to get something d
>> speaker john boehner on friday, appeared to give a little ground, suggesting that limits on tax deductions could be part of a deal, something that senior obama adviser, david axelrod, said was a step in the right direction. >> i think the speaker's comments have been encouraging. and obviously, there's money to be gained by closing some of these loopholes and applying them to deficit reduction. so, i think there's a lot of ways to skin this cat, so long as everybody comes with a...
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the question is, this is -- i think a lot of it is on john boehner and mitch mcconnell. can they say to the base of the party, we need to make this deal. it is good for us politically. it is good for the country policy wise, and we need to move on, or do the grovers of the world win out? >> david, thank you very much. chris cillizza. coming up, more fallout from the david petraeus situation. we'll talking to david ignatius. hey sis, it's so great to see you. you, too! oh, cloudy glasses. you didn't have to come over! actually, honey, i think i did... oh? you did? whoa, ladies, easy. hi. cascade kitchen counselor. we can help avoid this with cascade complete pacs. over time, the other premium pac can leave cloudy, hard water deposits, but cascade complete pacs help leave glasses sparkling. shiny! too bad it doesn't work on windows. okay, i'm outta here. more dishwasher brands in north america recommend cascade. in north america is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a l
the question is, this is -- i think a lot of it is on john boehner and mitch mcconnell. can they say to the base of the party, we need to make this deal. it is good for us politically. it is good for the country policy wise, and we need to move on, or do the grovers of the world win out? >> david, thank you very much. chris cillizza. coming up, more fallout from the david petraeus situation. we'll talking to david ignatius. hey sis, it's so great to see you. you, too! oh, cloudy glasses....